Politics

Mississippi gov touts economic growth from eliminating state income tax

Exclusive: The Mississippi state will be the tenth country that eliminates the state’s income tax, and Republican Governor Tate Reeves celebrates the expected economic prosperity as “Mississippi’s moment.”

“We are more competitive than we were before. Reducing the tax, and in the end, cancels the tax on work, will make us more competitive,” Reeves told Fox News Digital in an exclusive interview.

Reeves signed a bill in law in March to decrease income tax in Mississippi from 4 % to 3 % by 2030, and eventually to scratch. The Republican Governor said that eliminating a state income tax will help settle the stadium “and make Mississippi more competitive with neighboring countries, such as Texas, Florida and Tennessee, who have no income tax.

“We have already seen the fruits of this with more than 32 billion dollars in new capital investments in Mississippi over the past four years. We have had the lowest rate of unemployment in the date of our state last year. We had more people last year at any time at any time in our history in everything in everything in everything, we had approximately 2024 economies in everything in America. He said.

Deep Red State offers a major advertisement on income tax: “We grow our knowledge”

The governor of Mississippi Tate Reeves speaks during an interview during the Republican National congress near the Fiserv Forum in Milwoki on July 17, 2024. (Bloomberg via Getti Emose)

While the administration of President Donald Trump has defended the taxes on millionaires to complete his ambitious budget agenda, which includes an extension of his 2017 tax reduction and lack of taxes on advice or social security, Trams loyalists explained his position in walking long tax distances in an interview with Fox News Digital.

“Mississippi Musk”: The MGE report finds 400 million dollars in government waste

“I oppose that taxes on anyone,” Reeves said when asked if he would support a tax height on the millionaires.

Reeves explained that his plan to get rid of the Mississippi income tax was set to “reduce taxes on diligent Mississippi” and “diligent Americans”.

He added: “We believe that the government should take less, so that individuals can keep more. This is what we tried to do in our state.

Hard no

While Reeves was not ready to curve to raise the potential taxes of Trump, Mississippi Governor rejected concerns about Trump’s identification policies.

Republican governor of Mississippi Tate Reeves, left with President Donald Trump during a "Keep America great" The campaign gathered at Bancorpsouth Arena on November 1, 2019 in Tobello, Mississippi.

The governor of Mississippi Tate Reeves stands with President Donald Trump during the “Keep America Great” campaign in Bancorpsouth Arena on November 1, 2019 in Tobello, Mississippi. (Brandon Dell/Getty Emaiz)

“There is no doubt that there are a lot of opinions about the Trump administration’s approach to customs tariffs, but allow me to tell you what our experience was.” Mississippi has achieved tremendous success in the past five years in developing our economy. ”

He described more than 75 billion dollars in potential capital investments, claiming that “the flow of the deal in Mississippi is greater today than at any time in the date of our state.” Reeves said that countries like Mississippi will be “huge winners” under Trump’s leadership, as he seeks to return to the United States.

“We have never been abandoned. For years, we have been investing in training and re -training for our workforce, and I think we are fit to see this here in the United States of America,” Reeves said.

musk_shad_ms

Mississippi Shad White, to the right, launched his office, “MGE”, a Mississippi’s government competence office, such as Elon Musk’s Doge. (Reuters/Imagn)

As for the future of Mississippi’s economy, Reeves said, “It will continue to prosper.”

Mississippi is also working to lead the efforts of government efficiency management at the state level, which government auditor Shad White called “MGE”. White released a set of audits last month, which amounted to more than $ 400 million of waste during his term.

“During the time between 2012 and 2020, when I was lieutenant, we have already seen a decrease in the total state employees from 33,000 to nearly 24,000, nearly 30 percent decrease in the total number of employees, however, we are still providing the same government service.

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The Mississippi Republic added that Washington suffers from a “spending problem”, and praised Elon Musk’s efforts to reduce government waste during the first 100 days of Trump in his post.

“I think every American will be to reduce the types of illogical spending that the Biden administration has made in its last year,” said Reeves.

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2025-05-02 12:00:00

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